With a GDP of USD18.56 trillion in 2016, the United States is the world's second largest economy (in purchasing power parity terms), and is ranked the 8th best country in the world in terms of ease of doing business (World Bank) in 2016. Despite the uncertainty regarding future policy direction after the 2016 election, the economic recovery is gaining traction and the American private sector is in great shape with corporate profitability at an all-time high and a record amount of cash. Consumers are also spending more now that the housing market is gaining strength and confidence is positive. Canada and the United States have the largest trading relationship in the world, with over 75% of Canada’s total exports going to the United States in 2016. As a result, we see excellent potential and export investment opportunities that match Canadian potential, which will deepen this already superb trading relationship.
- Automotive & Heavy Truck
- Consumer Goods
- Knowledge Based Industries
- Oil and Gas
How we can support your business
Through our Head Office operations in Ottawa, we provide support to Canadian companies planning on or currently doing business in the United States. Our market experts have developed strategic relationships with major buyers in several sectors as well as a network of local contacts in the market.
- We are well positioned to help Canadian companies through a range of financing and risk management services.
- Learn more about our service offering.
Consult our interactive Country Risk Quarterly report.